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Real Estate Market: Is Mount Richmond VIC 3305 a Good Suburb to Buy Into?
Housing Market in Mount Richmond
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Warrnambool and South West | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium |
Housing Supply in Mount Richmond
The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2002 - 2023
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Warrnambool and South West | Trend | |
|---|---|---|---|---|
| 0 | Bottom 38% | Data for Jun 2025 | ||
| 6.9 | Top 22% | Data for Jul 2023 | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 0 | Bottom 27% | Data for Dec 2025 |
Housing Stock Quality in Mount Richmond
The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL and Microburbs, 2006 - 2023
Sources: ABS, GEOSPATIAL and Microburbs, 2006 - 2023
| Field | Value | VS Warrnambool and South West | Trend | |
|---|---|---|---|---|
| 100.0% | Top 31% | Data for Jan 2021 | ||
| 2.7 | Top 30% |
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| 0.0% | Bottom 37% | Data for Jun 2023 |
Development Restrictions in Mount Richmond
The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023
| Field | Value | VS Warrnambool and South West | Trend | |
|---|---|---|---|---|
| 0.0 sq km | Bottom 48% | Data for Jun 2023 |
Risk in Mount Richmond
The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
| Field | Value | VS Warrnambool and South West | Trend | |
|---|---|---|---|---|
| 29 | Bottom 37% | Data for Jun 2023 | ||
| $1,250 | Bottom 17% | Data for May 2023 | ||
| 79 | Top 46% | Data for Jun 2023 | ||
| 80 | Top 24% | Data for Jun 2023 | ||
| 20.0% | Bottom 37% |
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| 35.7% | Bottom 41% | Data for May 2023 |
Housing Demand in Mount Richmond
The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
| Field | Value | VS Warrnambool and South West | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 8460 | Bottom 32% |
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| 36500 | Bottom 19% |
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| Premium | Premium | Premium | ||
| 19000 | Top 43% |
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| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium |
Unit Market in Mount Richmond
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Warrnambool and South West | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| $384 | Bottom 33% |
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| Premium | Premium | Premium |
LGA Details (1)
| Headline | Place | Datetime |
|---|---|---|
| Local government area | Glenelg |
Percent of Renters by Street (5)
| Percent of Renters | Street |
|---|---|
| 0.0% | A R Comptons Rd |
| 0.0% | Comptons Rd |
| 0.0% | Hanns Rd |
| 0.0% | Portland-Nelson Rd |
| 0.0% | Telegraph Rd |
Turnover Rate by Street (4)
| Turnover rate | Street | Turnover Label | Turnover Years | Year |
|---|---|---|---|---|
| 100.0% | Hanns Rd | high turnover | Every 10.0 years (high turnover) | 2025 |
| 80.0% | Portland-Nelson Rd | average turnover | Every 12.5 years (average turnover) | 2025 |
| 200.0% | Telegraph Rd | very high turnover | Every 5.0 years (very high turnover) | 2025 |
| 100.0% | Comptons Rd | high turnover | Every 10.0 years (high turnover) | 2025 |
Recently Sold Houses (3)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Subdivisible into | Sale Type |
|---|---|---|---|---|---|---|---|
| 3162 Portland-nelson Rd | $470,000 | 3.0 | 1.0 | 2.0 | 19 Sep 2025 | 0 | On Market |
| 2310 Telegraph Rd | $450,000 | 5.0 | 1.0 | 4.0 | 21 Feb 2020 | 0 | On Market |
| 2310 Telegraph Rd | $450,000 | 5.0 | 1.0 | 4.0 | 21 Feb 2020 | 0 | On Market |
Recent Rental Unit Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date |
|---|---|---|---|---|---|
| 2310 Telegraph Rd | $290 | 5.0 | 1.0 | 30 Jun 2019 | |
| 2310 Telegraph Rd | $290 | 5.0 | 1.0 | 30 Jun 2019 | |
| 2310 Telegraph Rd | $290 | 5.0 | 1.0 | 30 Jun 2019 | |
| 2310 Telegraph Rd | $290 | 5.0 | 1.0 | 30 Jun 2019 | |
| 2310 Telegraph Rd | $290 | 5.0 | 1.0 | 30 Jun 2019 |
Recently Sold Units (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Sale Type |
|---|---|---|---|---|---|---|
| 30 Comptons Rd | $1,700,000 | 3.0 | 2.0 | 11.0 | 20 Sep 2024 | On Market |
| 30 Comptons Rd | $1,700,000 | 3.0 | 2.0 | 11.0 | 20 Sep 2024 | On Market |
| 30 Comptons Rd | $1,700,000 | 3.0 | 2.0 | 11.0 | 20 Sep 2024 | On Market |
| 30 Comptons Rd | $1,700,000 | 3.0 | 2.0 | 11.0 | 20 Sep 2024 | On Market |
| 30 Comptons Rd | $1,700,000 | 3.0 | 2.0 | 11.0 | 20 Sep 2024 | On Market |
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Profiles
Nearby Suburbs